Trade

The Chinese government-run China National Cereals, Oils and Foodstuffs Corporation (COFCO) will today formally agree to import 100,000 tonnes of rice from Cambodia, local officials say. Representatives from COFCO and Green Trade Co, a Cambodian government-owned agriculture firm, today met in Beijing to sign the agreement, ...

Foreign ministers of the Association of Southeast Asian Nations (ASEAN) on Sunday reiterated their continued commitment to the realization of ASEAN Community by 2015 and beyond. They pledged their commitment in the joint communique issued on the final day of their 47th annual meeting in Nay ...

Brunei has imported 3,003 metric tonnes of Jasmine rice from Baitang, Cambodia, said the Supply and State Stores Department, Ministry of Finance. ...

Cambodian rice exporters are keen on winning the Philippines government’s latest rice import tender for 500,000 tons of 25% broken white rice slated for August 27, 2014, according to local sources. ...

The Business Secretary, Vince Cable, must force British clothing companies to investigate whether garments sourced from Cambodia are made at factories with fair labour practices, the unions have warned. Frances O’Grady, general secretary of the Trade Union Congress, has written to Mr Cable warning that ...

Cambodian cashew nut exports are on the rise, yet export figures are still well below production numbers, with thousands of tonnes unaccounted for. Unshelled cashew nut exports totalled close to $2.5 million in the first six months of the year, with 2,800 tonnes exported, a rise ...

For as long as Cambodian rice farmers can remember, their product has had an unsavory reputation. Tough, dirty and unmilled, it was impossible to cook evenly, and even farmers traded it as pig feed in exchange for cash or better-quality rice from Vietnam or Thailand. Even ...

Bilateral Investment Treaties (BITs) are intra-state legal mechanisms which encourage foreign investment. This is particularly so as they provide foreign investors with Investor State Dispute Settlement (ISDS) mechanisms to enforce investment protections through international arbitration against the host state before a neutral tribunal. Cambodia has signed over ...

Cambodia has seen a 91 percent rise in dry rubber exports in the first half of 2014 as revenue from the exports increased only 3 percent due to global decline of rubber prices. During the January-June period this year, the country exported 42,190 tons of dry ...

A Chinese company is preparing a memorandum of understanding with Ministry of Commerce (MOC) pledging to buy 100,000 tons of rice from Cambodia, according to Sun Chanthol, Minister of Commerce. The intention was made clear during a meeting between the Minister of Commerce and Song Xiaoguo, ...

Corn farmers and dealers in the country’s northwestern provinces fear a decline in sales this season as local storage facilities become increasingly scarce and demand from Thai importers declines. Khun Thorn, president of Ta Sdar Samky Farmer Community in Battambang province, told the Post yesterday that ...

Italy has demanded that the European Union restrict Cambodia’s duty-free import status, as concerns over the survival of that country’s rice sector appear to be reaching a fever pitch. According to rice industry website Oryza, the Italian government has officially submitted a request to the EU ...

Garment and footwear industry, Cambodia’s largest income earner, saw a 16 percent increase in exports in the first six months of 2014, according to a commerce ministry’s report on Sunday. The country exported apparel and footwear products worth 2.92 billion U.S. dollars during the January-June period ...

The nation has received approval from the Cambodian government to open a trade center in Phnom Penh, the semi-official Taiwan External Trade Development Council (TAITRA) said. The center, which is expected to be officially opened next month at the earliest, will raise the number of the ...

Cambodia has seen a trade deficit of 1.41 billion U.S. dollars in the first six months of this year, the latest report of the Ministry of Commerce showed Monday. Total trade volume reached 8.95 billion dollars during the January-June period this year, an increase of 17 ...

Cambodian farmers are looking toward a new organization to help them get the best prices for their rice, but many are skeptical disparities between farmers and traders can be overcome. The Cambodian Rice Federation was started in May, bringing together disparate companies, associations and farmers in ...

Rice farmers in Italy plan to block four major grain exchanges in the country this week over what they say is the European Union’s failure to keep Italian rice competitive against that of cheaper Asian rivals including Cambodia, which is given duty-free access to European ...

Italian sportswear brand Kappa and U.S.-based retail giant Walmart apparently source clothing from the latest addition to the International Labor Organization’s (ILO) list of low-compliance factories, according to a union leader at the factory who provided the branded tags from the clothing her members cut ...

Cambodia has accelerated its agricultural growth dramatically over the last several years, but agricultural sector in this developing country still depends on its neighboring countries. What are the reasons behind this dependence? During these past years, many businessmen, both foreign and local, are investing a large ...

Cambodia duty-free rice exports to the European Union have this week come under fresh attack from producers in Italy, who say the beneficial treatment is restricting the potential of Italian rice exports. An Italian agriculture collective of farmers, which includes representatives from the Italian Association of ...

Cambodia exported about 177,928 tons of rice in first half of calendar year 2014, up about 1% from about 175,959 tons rice exported in the same period last year, according to data from the Secretariat of One Window Service of Rice Export Formality (SOWS-REF). ...

More than one year after its fish products were banned from Europe, the industry and government has done little to ensure it will be lifted. The ban, instituted in early 2013, has hurt potential fish exports to a potentially lucrative trade partner. But EU officials say Cambodia ...

The pace of Cambodia’s rice exports are expected to slow this year. Unable to maintain the steady rate of previous years, the export volume for the first half of 2014 is much the same as it was this time last year. At the end of June, ...

The tax imposed on the export of acacia chips is to be abolished to help boost exports of the locally grown raw product, Prime Minister Hun Sen announced on Monday. Speaking at the grand opening of Aeon Mall, Hun Sen said that acacia chips exported to ...